H.E. Eng. Sultan Al Mansouri Minister of Economy, UAE

H.E. Eng. Sultan bin Saeed Al Mansouri, Minister of Economy of United Arab Emirates. His Excellency Sultan Bin Saeed Al Mansouri has been appointed as Minister of Economy in the UAE, effective on 17th February, 2008. Heholds a Bachelor’s degree (B. Sc.) in Industrial Engineering & Management Systems from Arizona State University – USA. He also has a Diploma in Computer System Analysis from the Institute of Computer Technology, Los Angeles, California – USA. In addition to his position as Minister of Economy, His Excellency Sultan holds the positions below :

Chairman of the Supreme Committee for Consumer Protection

Chairman of the Coordinating and Economic Cooperation Committee

Chairman of the National Committee for the Follow-up Program of Investment Climate

Chairman of the Board of Directors of the Securities and Commodities Authority

Chairman of the Board of Directors of the Emirates Standards and Metrology Authority

Chairman of the insurance Authority

Chairman of the Federal Civil Aviation Authority

Member of the Ministerial Committee for Legislation

Member of the National Committee on Population Composition

Member of the Committee of Finance and Economy

In his previous career, Mr. Al Mansouri held the following positions:

Senior Airport Coordinator, then Vice President Operations at Dubai Civil Aviation Authority during the period of 1988 – 1991

Director – Dubai Cargo Village during the period of 1991 – 1996

Deputy Director General – Dubai Chamber of Commerce & Industry during the period of 1996 – 1998

Group Managing Director of Saeed & Mohamed Al Naboodah Group during the period of 1998 – 2004

Vice President of Dubai Islamic Bank during the period of 1999-2008

Chairman of Aman (Dubai Islamic Insurance Company) during the period of 2002-2008

Minister of Transport and Communications during the period of 2004 – 2006

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Industry News

NEW DELHI—India’s government on Monday eased foreign-direct investment restrictions in several sectors to increase inflows, a move that also could pave the way for Apple Inc. to open its own stores in one of its main growth markets.

A surge in cross-border mergers and acquisitions boosted global foreign direct investment flows around the world last year to $1.76 trillion, the most since the 2008-2009 financial crisis, the United Nations said in a study.

The role of foreign direct investment into the continent remains significant: on average the government budgets of African countries currently depend on corporates domiciled in other countries for 14% of their funding.

China’s outbound direct investment (ODI )is expected to surpass $1 trillion for the first time in 2015, as slowing economic growth and rising internationalisation of Chinese business see more local companies investing overseas.

When the PM travels to the US this week to woo businesses there, one of the key facts that the government will be tomtoming about is the surge in foreign direct investment since Narendra Modi took over and how his personal touch has helped.

The total volume of foreign investments in the UAE, at present a regional base for over 500 international companies, exceeded $100 billion in the past 10 years, Minister of Economy Sultan bin Saeed Al Mansouri said on Wednesday.

NEW DELHI: India has emerged on top of the foreign direct investment league table, overtaking China and the United States, according to the FT data service.

About AIM

The Annual Investment Meeting (AIM) is an initiative from the UAE Ministry of Economy to be held in Dubai, United Arab Emirates from 9 – 11 April 2018 at Dubai World Trade Centre.

AIM is the region's first Emerging Markets FDI-focused event to offer a perfect blend of trade fair and intellectual features aimed at enriching Institutional, corporate and individual investors attending with a comprehensive set of guidelines for their future investment decisions in high growth regions.